Hardy

Hardy v. Embark Technology, Inc. f/k/a Northern Genesis Acquisition Corp. II

Good Law
United States District Court, Northern District of CaliforniaMarch 29, 20243:22-cv-02090California7,314 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 8 TYLER HARDY, et al., Case No. 3:22-cv-02090-JSC

Plaintiffs,

ORDER RE: MOTION FOR FINAL

v. APPROVAL; MOTION FOR

ATTORNEY’S FEES AND COSTS

EMBARK TECHNOLOGY, INC., et al., Re: Dkt. Nos. 95, 101 Defendants.

14 Plaintiffs filed this putative securities class action alleging claims under Sections 11 and 15 15 of the Securities Act of 1933 and Sections 14(a) and 20(a) of the Securities Exchange Act of 16 1934 on behalf of individuals who purchased stock in Embark Technologies Inc., or its 17 predecessor Northern Genesis Acquisition Corp. II. While Defendants’ motion to dismiss was 18 pending, the parties reached an agreement to resolve Plaintiffs’ claims, and on September 26, 19 2023, the Court granted Plaintiffs’ unopposed motion for preliminary approval of the class action 20 settlement. (Dkt. No. 91.1) Plaintiffs’ motion for final approval of the settlement is now pending 21 before the Court. (Dkt. No. 101.) Having carefully considered Plaintiffs’ motion, supplemental 22…

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